5023 Germantown Ave, Philadelphia, PA 19144

$199,000

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List Price
$199,000
Days on Market
117
MLS#
PAPH2605882
Status
ACTIVE
Type
Land
County
Philadelphia
Region
19144 (19144)
Neighborhood
Germantown (East)
Subdivision
Germantown (East)

Property Description

Exceptional investment and development opportunity in one of Philadelphia’s steadily appreciating corridors. 5023 Germantown Ave is a vacant parcel zoned CMX-2, offering significant flexibility for mixed-use, multifamily, or commercial development. Preliminary plans for a six-unit building are available, with potential zoning bonuses that may allow for increased density—providing an opportunity to maximize returns and overall project value. Strategically located along a high-visibility, high-traffic corridor, the property benefits from strong foot and vehicle exposure, making it well-suited for both residential and commercial end uses. Easy access to public transportation, major thoroughfares, and a dense mix of neighborhood amenities further enhances its long-term investment appeal. Ideal for developers and investors seeking to capitalize on continued growth and demand in the Germantown submarket. Buyer responsible for independent verification of zoning and development potential.

Additional Information

Acres
0.04
Lot Size
1,742
Taxes
$1,289

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Contact: 8563211212